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INDIAN INSOLVENCY ECOSYSTEM
From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
The rupee’s swing: When currency becomes the deal maker or breakerRupee volatility has become central to India’s distressed deals, driving stress for firms with dollar debt despite stable operations. Eleva...
Parliament passes amendments to IBC to quicken resolution process, reduce backlogParliament has approved changes to the Insolvency and Bankruptcy Code. These amendments aim to speed up resolutions and improve the financi...
Budget 2026: India’s insolvency law faces its biggest upgrade in a decadeIndia's insolvency law is poised for major changes with the Insolvency and Bankruptcy Code (Amendment) Bill, 2025. This bill aims to speed ...
IBC tweaks will align Indian laws with global regime: IBBIIndia's insolvency law is set for significant changes. These amendments aim to bring the system in line with global practices. The goal is ...
Bankruptcy court approves KGS Sugar & Infra Corporation’s acquisition by Grainotch IndustriesThe National Company Law Tribunal has approved Grainotch Industries' takeover of KGS Sugar Infra Corporation. KGS Sugar faced insolvency wi...
New bill to boost aircraft leasing industry, strengthen banking ecosystem: Civil Aviation Minister NaiduThe Protection of Interests in Aircraft Objects Bill, 2025, aims to strengthen India's aircraft leasing industry and banking ecosystem by a...
Budget 2025: Relief for a larger segment of Indian promoters under the insolvency codeThe Indian government's reclassification of MSMEs brings more companies under Pre-packaged Insolvency Resolution Process (Prepacks). This a...
Govt working on integrated platform for insolvency ecosystem: OfficialThe government is creating a new platform to improve the insolvency process. The platform will connect key stakeholders like the MCA and IB...
NCLT president seeks more manpower to speed up bankruptcy casesAmid delays in case admissions under the insolvency law, NCLT President emphasised the need for more manpower. Financial institutions file ...
IBBI chief asks insolvency professionals to be as transparent as possibleIBBI Chairperson Ravi Mital urged insolvency professionals to maintain transparency during the resolution process to enhance bids and minim...
Meet India's Insolvency professionals: Male, chartered accountants and not so youngThe typical Indian insolvency professional (IP) is a middle-aged male chartered accountant. Only 10% of the 4,352 registered IPs are women,...
Insolvency professionals should make all efforts to further improve insolvency ecosystem: OfficialInsolvency professionals should focus on improving the insolvency ecosystem in India to increase the confidence of potential bidders for st...
Cultivating innovation: The role of IBC in nurturing India's entrepreneurial ecosystemThe IBC has established a structured framework for resolving insolvency, encouraging collaboration between creditors and debtors to seek mu...
Evolving with changing scenarios will be crucial for IBC: Minister"While the Code has had a remarkable journey so far, going forward, evolving with changing scenarios will be crucial ... Like everything el...
Projects with implementation risks should be financed by capital markets: Former RBI deputy governorThe biggest contributor to the higher net interest margin is the high NPAs, he noted. According to Vishwanathan, going forward, the Indian ...
Government working to make start, exit easy for startupsWorld Bank country director Onno Ruhl said India needs to grow and innovate and create jobs as one million people enter labour force every ...